Acala (ACA) Price

Why Did Acala (ACA) Fall in the Last 24 Hours?

Order-book depth is shallow: the top five bid and ask levels were each worth about $95–$96 at the prevailing price, so relatively small trades could amplify price moves. The bid-to-ask volume ratio was about 1.01, indicating a broadly balanced book. The largest bid accounted for about 51.2% of bid-side volume and could provide short-term support, but this does not establish institutional buying. Moving averages were bearish on the 1-hour and 4-hour timeframes, with relatively strong trend readings. The daily RSI was oversold while moving averages were neutral, which allows for a possible rebound but does not signal a confirmed trend reversal. Fifteen-minute indicators were neutral, with no strong short-term direction. The single candlestick at 07:00 UTC on 2026-11-12 closed at its low, indicating local selling pressure; its volume unit was unspecified, so it cannot establish full-day participation. If the parachain shutdown referendum proceeds, it could add uncertainty around network operations and token utility; the cited February 10 date lacks a year and cannot be confirmed as a catalyst for this move.